Venture Capital


Finance

Banking API Platform Sila Raises $7.7M on Promise of Programmable Money

The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.

Sila CEO Shamir Karkal (left) with CTO Alexander Lipton, Chief Legal Officer Angela Angelovska-Wilson and COO Isaac Hines. (Credit: Sila)

Finance

Your Crypto Startup Needs a Recession Strategy

A shakeout is coming in crypto venture capital and entrepreneurs should react with a new plan, says our columnist.

(Credit: Shutterstock)

Finance

Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report

The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.

PwC Global Crypto Lead Henri Arslanian image via CoinDesk archives

Tech

Makers of Keep Protocol Raise $7.7M to Bring Trustless BTC to DeFi

Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.

Paradigm co-founder Fred Ehrsam speaks at Token Summit II. (Credit: Brady Dale for CoinDesk)

Finance

Investors in Polychain Capital’s Crypto Hedge Fund Saw 1,332% Gains – If They Stomached the Dips

An investor document obtained by CoinDesk charts the dramatic ups and downs of the first four years of Polychain Capital’s cryptocurrency hedge fund.

Polychain Capital founder and CEO Olaf Carlson-Wee. (Credit: CoinDesk archives)

Finance

VC Deals in Crypto Remained Steady but Amount Invested Fell in 2019: Report

As younger companies are raising more, larger businesses didn’t come back for extra capital.

CoinDesk placeholder image

Finance

Polychain Capital Targets $200M for Second Venture Fund, Slide Deck Reveals

Cryptocurrency investment firm Polychain Capital is targeting $200 million for a second venture fund.

Polychain Capital founder Olaf Carlson-Wee

Finance

Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel's Valar Ventures

Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.

Peter Thiel image via CoinDesk archives

Tech

PoolTogether DeFi App Announces $1M Investment After No-Loss Lottery Payout Tops $1K

PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered "no-loss lottery."

Lottery image via Shutterstock

Finance

ETF Giant Leads $17.7M Series A for Blockchain Compliance Startup

WisdomTree was the lead investor in the funding round for Securrency. Other investors include the state-backed Abu Dhabi Investment Office (ADIO).

Methuselah image via Shutterstock